Wednesday, 22nd February 2012.

Posted on Tuesday, 17th January 2012 by Archie Norton

By the AllClearID Team

Jamie here, Chief Investigator at AllClear ID. Recently, I had the opportunity to speak at the Jump$tart National Educator Conference in Washington, DC. Jump$tart is a national organization “dedicated to improving the financial literacy of pre-kindergarten through college-age youth by providing advocacy, research, standards, and educational resources.”

In the presentation I discussed our research on Child Identity Theft alongside the FTC who issued some tips on limiting the risks of Identity Theft. These pointers revolved around sharing information with an entity you likely regard as safe: your child’s school. Here’s an overview of the FTC’s tips:

  • Contact the school: Find out who has access to your child’s personal information, and ensure that the records are stored safely.
  • Think twice before filling out forms with personal information: Before you fill forms out consider how the information will be used, whether or not it will be shared, and who will have access. Then decide

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Posted on Saturday, 14th January 2012 by Nate Sawers

Gold slipped slightly yesterday as investors became nervous about the upcoming summit meeting in Europe.

MIAMI, FL – Suggestions that there may actually be a feasible plan this time have had a calming effect on the market, making gold less necessary as a safe haven. However, we have surely lost count of the number of meetings held between German Chancellor Merkel, French President Sarkozy and their fellow leaders, with the aim of coming up with a suitable plan to fix the region’s problems. We have yet to see a definitive plan. Chancellor Merkel wants stricter measures to enforce austerity measures and make it impossible for countries to get themselves into such debt in the future. At the same time, she remains adamant that she does not give consideration to the idea of euro bonds.

“It is a little strange that the financial markets are all waiting with bated breath for the outcome of Friday’s meeting,” says Bill Hionas of Pan American Metals of Miami. “There

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Tags: Miami
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Posted on Monday, 9th January 2012 by Archie Norton

When it comes to data breaches, how does 2011 compare with previous years? A new report from the Privacy Rights Clearinghouse (PRC) notes 535 breaches during 2011, involving 30.4 million sensitive records. But thats just a conservative estimate, since not all data breaches see the light of day. Because many states do not require companies to report data breaches to a central clearinghouse, data breaches occur that we never hear about, said PRC director Beth Givens in the report.

Even so, 2011 saw some of the biggest or most significant breaches in history, PRC says:

1. Sony. Sony suffered over a dozen data breaches, stemming from attacks that compromised Sony PlayStation Network, Sony Online Entertainment, and Sony Pictures, among other Sony-owned websites.

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Tags: 2011, Data Breaches
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Posted on Monday, 9th January 2012 by Nate Sawers

There’s no better time to take a good hard look at your portfolio than the beginning of a new year.

I know this may not be your first rodeo and chances are you’ve already done at least a little thinking about how your investments came through 2011, and what you’d like to achieve in 2012.

If not, there’s no time like the present.

Especially when it comes to something I call “Ditching the Dogs,” which is a variant of the well-known and very popular “Dogs of the Dow.” You’ve probably already guessed from the name that I’m talking about unloading those investments that have underperformed, or which are likely to hold my portfolio back in the next twelve months.

Obviously this is a highly personal process and every investor is different, but here are five stocks I’d avoid like the plague right now (and the reasons why):

1. Read more…

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Posted on Thursday, 5th January 2012 by Admin

If you are faced with insurmountable unsecured debts and you don’t know how you’re going to pay them, you may have considered bankruptcy. However, there is an alternative to bankruptcy that could also write off part of your debt called an IVA (Individual Voluntary Arrangement). If you’re a homeowner, it could potentially help you avoid the forced sale of your home (although you could be asked to release some of the equity in your home as part of the agreement).

This site can provide Individual Voluntary Arrangements, or read on to learn more.

What happens on an IVA?

On an IVA you would normally make monthly payments for 60 months, or five years (although the length of the agreement can sometimes vary). If the IVA is successful, the rest of your unsecured debt will be written off at the end.

An IVA is overseen by an Insolvency Practitioner (IP) – a legally trained expert who is responsible for arranging your IVA. Read more…

Tags: Individual Voluntary Arrangements
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Posted on Sunday, 1st January 2012 by Nate Sawers

Once upon a time investors believed in the January effect. The story is that there’s gold in them ‘thar hills for equity returns during the first month of the year. The idea that January dispenses richer results than the other months dates to economist Sidney Wachtel’s 1942 study on seasonality effects in the market. It’s been a winning idea ever since, judging by all the attention it receives. As an investment concept, however, it looks distinctly unimpressive, or so recent history suggests.

The average return in January for the S&P 500 since 1991 is 6.7%. Not too shabby, you say? Well, seven other months of the year provided stronger results over that two-decade stretch. April was unusually strong with average returns in excess of 40%.

If we restrict our analysis to the last 10 years, the January effect slips into negative territory, with the month posting an average decline of just over 16%.

Read more…

Tags: Effect, January Effect
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